The xchange

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The Bradford City Centre Residential Development Opportunity 8% NET Yield for 2 years

Transcript of The xchange

The

Bradford City CentreResidential Development Opportunity

8% NET Yield for 2 years

Welcome to The XchangeInvest in a whole new urban living experienceThe Xchange is an iconic building set in the very centre of the city of Bradford.

Previously known as Arndale House, The Xchange will shed its commercial roots as it’s transformed into a modern residential hub. Located next to the £260m Broadway Shopping and Leisure complex with a whole host of bars and restaurants, The Xchange is the perfect residential hotspot for those looking to embrace a more urban lifestyle.

Mixedretailandresidentialdevelopmentover9floors

126oneandtwobedroomapartmentsoverfloors2-8

Roof garden with seating areas and water feature

Secure car park facilities

Award winning architects to transform building

EstablishedretailunitsandeasyGymongroundfloor

Located directly next to the Broadway Shopping Centre – due to open November 2015

8% Net Yield for 2 years

BradfordBradford is a city of culture, heritage and plenty of natural beauty. As one of the fastest growing energetic cities in the UK, investment is pouring into the city centre with business, retail and housing developing at an increasing pace.

LocatedinWestYorkshire,8.6mileswestofthecityofLeeds,Bradford’scultural diversity makes the city an exciting place to work and live. It is the world’sfirstUNESCOcityofFilm,hometotheNationalMediaMuseumand has been voted the UK’s Curry Capital for 3 years running. There is something to offer every lifestyle.

The city centre is in the process of undergoing a huge transformation as theBroadwayShoppingCentre,partoftheiconicWestfieldshopping

family, is currently under construction. Due to open in November 2015, the centre is located right next to The Xchange, offering residents anexperiencelikenoother.Leadinghighstreetshops,fitnessand

leisure facilities, top restaurants, bars and cafes will quite literally be on the doorstep, making Bradford a great place to live.

London

Wales

Scotland

R. of Ireland

N. Ireland

Liverpool

Leeds

Manchester

Bradford

Birmingham

Edinburgh

A City for InvestmentThisisacitybrimmingwithconfidence.Millionsofpoundsofrecentinvestment has poured into the heart of the city; upgrading public spaces and paving the way for major investment and business opportunities.

Overtheyears,Bradfordhassuccessfullydiversifiedintoanumberofkeybusinesssectorsincludingconstruction,financialservicesandretail, whilst maintaining a solid foundation in modern manufacturing with 160,000 jobs across the wider city region.

Withaneconomyworthover£8.3billionandanumberofleadingUKbusinesses headquartered in Bradford, including Yorkshire Building Society,thecityispredictedtobethefifthfastestgrowingcityoutsideof London.

Bradford is also home to Bradford University and is in the top 10 for graduate employment in the UK, ensuring that its 35,000 students will continue to contribute to the fast growing working population and diverse economy.

TransportBy railBradford has excellent rail links and is served by two central train stations; Bradford Interchange and BradfordForsterSquarewhichconnectintointercityservicestoLondon,Manchesterandfurtherafield.London is 2h 40m away, Manchester is 1 hour and Leeds is just 20 minutes.

By airTheCityalsobenefitsfromLeedsBradfordInternational Airport which is located 7 miles to the NorthEastofthecity.ItoffersdirectflightstoLondonHeathrow, Paris, New York and other major holiday and business destinations.

Train Station

Morrisons Supermarket

Kirkgate Shopping Centre

Retail Park

Shopping District

BradfordCityFC

Retail Park

Metropolitan District Council

Regional College

The Development

Bradford, UK

Walking DistancesShopping District – 0 minutesMetropolitan District Council – 3 minutesKirkgate Shopping Centre – 4 minutes Train Station – 5 minutesMorrisons Supermarket – 7 minutesRetail Park – 10 minutesRegional College – 13 minutesBradford City FC – 19 minutes

The Opportunity

Broadway Shopping Centre

Train TimesLeeds – 20 minutesManchester – 1 hourLiverpool – 1hr 34minutesBirmingham – 2hr 36minutesLondon – 2hr 40minutes

126unitsover7floors

A mix of modern 1 and 2 bedroom apartments

Qualityfixturesandfittings

Secure entrance, on site car parking and landscaped areas

Located in Bradford, in the heart of the city

Short walk to everything the city of Bradford has to offer

Less than 30 minute drive to the nearby city of Leeds

The Xchange is a unique development. Situated in the centre of Bradford’s shopping district, it is located above some of its most popular retail locations, so the convenience of the city’s amenities will never be far for The Xchange’s tenants.

The property is a just 15 minutes walk to Bradford FootballClub,adjacenttothebrandnewWestfieldBroadway Shopping Centre and a stone’s throw away from all the convenience of Bradford’s local transport.

Since being one of Bradford’s prime commercial properties, the size and scale of the development will offer a view of the city unlike any other residential property. Sitting high above the surrounding skyline, the architect’s designs will ensure style in a comfortable setting to allow young professionals the space and convenience they need in the heart of this growing city.

Example Floor Plan

Disclaimer: All images and information about the development are provided as an indication of the

likelystyleandspecificationofthedevelopment.Theseplansarenotfinalisedandmaybesubjecttochange.

SpecificationKitchenContemporaryfittedkitchen Under unit lightingFanassistedoven,InductionHoband

Extractor fan Larder fridge/freezer Washer/dryer Microwave

Internal FinishesInternaldoorswithchromefittings Chrome ironmongery

Flooring Hallway – laminateLivingroom-laminateKitchenandbathrooms–tiledfloors Bedrooms – carpets

BathroomsContemporaryfittings Wall mounted shower head Towel rail to all bathrooms

Electrical and Communication Telephone points to living area

Bedroom TV points to living area and principal

bedroomSatelliteTVpre-wiringtoallTVpoints Contemporary white switch plates and

sockets

Air Conditioning All units will be air conditioned

Heating Heated towel rails to all bathrooms

Safety and Security Key card for main entrance, lift and car

parking CCTV entrance system in all apartments

with automated door entry CCTV in all communal areas and car

park Smoke detectors in all apartments and

communal areas Secure parking space Electronic external gates

External Parking spaces available (basement) Bin store

Parking Secure parking

Ceiling HeightsAllapartmentshavearaisedfloorinthe

bedroom area (1 step)Suspendedceilings-standard680mm Average variable ceiling height 2.6m

05 06 07 08 09 10 11 12 13

18

17 16 15 1404 03 02 01

Gardens Located on Level 2

Apartment sizes - floor layout arrangementidentical on each floor

Apartment Number No of Bedrooms No of Bathrooms Apartment Size M2 Apartment Size F2

01 1 1 34.5 371.36

02 1 1 35.8 385.35

03 1 1 35.8 385.35

04 2 1 53.6 576.95

05 2 1 60.8 654.45

06 1 1 35.8 385.35

07 1 1 35.8 385.35

08 1 1 35.8 385.35

09 1 1 35.8 385.35

10 1 1 35.8 385.35

11 1 1 35.8 385.35

12 1 1 35.8 385.35

13 2 1 60.8 654.45

14 2 1 53.6 576.95

15 1 1 35.8 385.35

16 1 1 35.8 385.35

17 1 1 35.8 385.35

18 1 1 36.7 395.04

The ManagementHarper Brooks (UK) Ltd - www.harperbrooks.co.uk

Harper Brooks are a nationwide lettings specialist dedicated to providing professional services throughout the UK.

With 10 years’ experience in the residential sector, managing hundreds of properties in the UK, Harper Brooks are well appointed to manage The Xchange.

Forthefirst2years,HarperBrookswilllettheunitsandpaytheinvestor the agreed yield on a quarterly basis. The yield is guaranteed

by the developer Pinnacle (Bradford) Ltd.

HarperBrooksdutieswillinclude:-

Providing a full tenant sourcing service, including marketing of the apartment, conducting viewings and completing all relevant

paperwork, referencing and obtaining reservation deposits.

Generalday-to-daylettingsmanagementincludingcollection of rents, checking tenants in and out of

the apartment, ensuring a full inventory has been completed to protect he landlord (buyer).

Maintenance and cleaning of communal areas, reception and hallways.

Maintenance and cleaning of external areas and the appearance of the building.

Pinnacle AllianceFromHongKong,China,SingaporeandMalaysia,toRussia,CanadaandtheMiddle East, Pinnacle Alliance exists to open the door to the UK property market. With exciting and innovative developments across the UK and a dedicated team of representatives across the world Pinnacle Alliance are the most reputable source of property opportunities for buyers worldwide. With a shared entrepreneurial spirit, it drives to deliver dependable property investments that create long term value.

SeenacrosstheworldasleadersinthepropertyfieldPinnacleAlliancehasanuncompromising commitment to the work they do and are seen as a reliable and trustworthy partner. An exciting pipeline of developments in the future ensures a successful future whose vision is ‘Delivering today, Creating tomorrow’.

The ConstructorGoodwin Developments Cheshire LtdPinnacle Alliance’s partnership with Goodwin Developments is an exciting new ventureforthisuniqueprojectinBradford.Overmanypreviousprojectstheyhaveproven their skill and dedication time and time again and we will incorporate this ability into this newest Pinnacle Alliance endeavour.

The 10 year building warranty will ensure our investors have complete peace of mind. It is registered to The Construction Register Ltd. and, with Goodwin Developments registered under the Considerate Constructors Scheme, you can be sure that only the highest standard of work goes into The Xchange.

The DeveloperPinnacle (Bradford) Ltd